Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Square Lands Hard On Cryptocurrency

Square Lands Hard On Cryptocurrency
Square Lands Hard On Cryptocurrency
August 05, 2020  |  Earnings

Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from...

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Beyond Meat Q2 Earnings Saved By Grocery
Beyond Meat Q2 Earnings Saved By Grocery
August 05, 2020  |  Earnings

A vintage Burger King ad once asked, “Where’s the beef?” In Q2, millions replied, “Who cares?” as they drove a near tripling of plant-based Beyond Meat product...

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Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  News

In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping...

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CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
August 05, 2020  |  Retail

CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total...

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Digital Shift Puts Its Feet Up On Furniture Business
Digital Shift Puts Its Feet Up On Furniture Business
August 05, 2020  |  Retail

The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. Get the...

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Cash App Drives Square Strong Q2 Results
Cash App Drives Square Strong Q2 Results
August 05, 2020  |  Earnings

Square saw its shares skyrocket Tuesday (Aug. 4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app....

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Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
August 05, 2020  |  Earnings

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45...

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LendingClub Reports Drop In Originations As Investor Demand Shows Early Signs Of Recovery
LendingClub Reports Drop In Originations As Investor Demand Shows Early Signs Of Recovery
August 04, 2020  |  Earnings

LendingClub posted second-quarter results on Tuesday (Aug. 4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of...

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Today In Payments: Apple Purchases Mobeewave; Trump Encourages Microsoft To Buy All Of TikTok
Today In Payments: Apple Purchases Mobeewave; Trump Encourages Microsoft To Buy All Of TikTok
August 03, 2020  |  News

In today’s top news, Apple has purchased Mobeewave, and President Donald Trump has encouraged Microsoft to buy all of TikTok. Plus, GoodRx Inc. is reportedly looking...

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